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Indian Realty boom continues in 2007

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Indian realty was the attractive charm which had boomed in the sector and again it had fastened its chair belt to create a new arena. According to the study conducted by Assocham Highest body of the Chambers of Commerce of India it is said to the www.propertykhazana.com that, the land market is expected to draw the attention of foreign investments of Rs. 8,000 Crores in the year 2007. Transparency and the development which was revealed by the realty section in 2006 had overwhelmed most of the potential international shareholders who were coming to set up their existence in the Indian Land Market. The division had given a high quality of employment chances which was possible to benefit more for the huge portion of the job seekers in these localities.
Assocham estimates that the real estate sector will grow from $12 billion in 2005 to $90 billion by 2015. Plenty of shareholders coming in Indian Realty, the demand for the land is increasing at its best and in spite of the odds considering a lot against the fizz and the foreign shareholders are lining up in queue. Meantime, the sources added saying at the www.propertykhazana.com that famous companies such as Royal Indian Raj International, Blackstone, Goldman Sachs, Emmar Properties, Pegasus Real Estate, Citigroup Property, Lee Kim Tah Holdings, Salim Group, Morgan Stanley and GE Commercial Finance were showing huge interest in binging up the considerable foreign capital into India.
Source: NIMMA BENGALURU

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